tag:blogger.com,1999:blog-30643134.post2195377797846809568..comments2023-12-26T01:10:26.319-05:00Comments on Accrued Interest: The Truth About The U.S. EconomyAccrued Interesthttp://www.blogger.com/profile/05096191765979971184noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-30643134.post-60873414450527484322013-03-03T05:39:34.550-05:002013-03-03T05:39:34.550-05:00Associated Press forgot to report that in the long...Associated Press forgot to report that in the long term military spending rate is not sustainable.<br /><br />I would rather pointed out that USD dollar is valued historically higher towards all major currencies - Japanese Yen, British Pound and Russian Rubble. The first two dropped in their value from 8 to 20% in the last a few months. While British Pound lost 25% of its value since 2007.<br /><br />I think government is loosing its opportunity - they need to announce military cuts, as well as withdrawal from Iraq & Afghanistan pointing out that it will lead to contraction in economy but brighter future tomorrow.<br /><br /><br />It is hardly possible to reduce debt and keep economy expanding at the rates we want it to.Financial Independencehttp://www.niterainbow.comnoreply@blogger.com